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Primark

Store growth continues to drive Primark sales

16 January 2020 | Beth Wright

Value fashion giant Primark has again credited the continued expansion of its store portfolio both at home and abroad for a rise in first-quarter sales but cited a "marginal" decline in UK like-for-like sales during the period.... read more


Low-price focus drives profitable 50th year for Primark

5 November 2019 | Beth Wright

Value fashion giant Primark has marked its 50th year of trading with better buying and favourable exchange rates helping to deliver an 8% increase in profit.... read more


Primark warns customers over online products

16 October 2019 | Michelle Russell

Value fashion giant Primark has warned its customers not to buy its products online after it emerged some of the retailer’s items were being sold on Amazon at inflated prices.... read more


Primark mulls Central America suppliers in US foray

24 September 2019 | Hannah Abdulla

Value fashion retailer Primark has confirmed plans it is planning to grow its presence in the US and that it will look at closer locations to source from for the US market.... read more


Store growth helps drive Primark FY sales rise

9 September 2019 | Beth Wright

Full-year sales at Primark are expected to rise 4%, helped by increased selling space, but the value fashion retailer has also warned it expects a reduced margin next year.... read more


Primark expands sustainable cotton scheme to China

28 August 2019 | Beth Wright

Value fashion chain Primark is preparing for a five-fold increase in the number of farmers enrolled in its Sustainable Cotton Programme by the end of 2022, including expanding the initiative to China for the first time.... read more


Primark probe suspends several Bangladesh factories

5 August 2019 | Hannah Abdulla

Primark has confirmed it is suspending sourcing with several of its supplier factories in Bangladesh following allegations that workers' contracts were terminated unfairly ... read more


Store growth boosts Primark sales

4 July 2019 | Beth Wright

The expansion of its store portfolio both at home and abroad has helped UK value clothing retailer Primark to higher sales in the first ten months of the year.... read more


Investors press brands for more workforce transparency

3 July 2019 | Beth Wright

A coalition of more than 120 institutional investors with combined assets of more than US$14 trillion is renewing its demand for companies across the world to come forward with better data on their staff and supply chain workers, with the aim improving the quality of jobs globally. ... read more


Primark delivers 25% jump in interim profit

24 April 2019 | Beth Wright

Value fashion retailer Primark has booked a 25% jump in first-half operating profit thanks to the addition of new selling space and improved margins, which were driven not only by favourable exchange rates but also by better buying.... read more


The price of US imports from China continues to fall

19 March 2019 | Leonie Barrie

Despite concerns about sourcing from China amid an intensifying trade war with the US, newly-published figures show China continues to dominate US apparel imports – with import volume rising and prices continuing to fall again last year.... read more


Outlook for UK retailers looks bleak

11 March 2019 | Hannah Abdulla

The outlook for UK retailers continues to look bleak. UK department store John Lewis blamed a "challenging" retail backdrop for a more than 45% drop in full-year profits to GBP160m. It was a similar story for rival Debenhams, which issued a warning on full-year profits based on poor sales performance. In an update, the retailer said for the 18 weeks to 5 January, gross transaction value fell 5.6% and like-for-like sales were down 5.7%. ... read more


How Levi Strauss is driving sustainable change

4 March 2019 | Beth Wright

The denim and jeans sector is having to work tirelessly to change perceptions over its sustainability, or lack of it. But change is nigh, promises Michael Kobori, vice president of social and environmental sustainability at Levi Strauss & Co. The company recently expanded its Partnership for Cleaner Textiles (PaCT) programme to four countries in Asia and is now engaging in one of its most ambitious plans to date, with a target to cut carbon emissions across its supply chain by 40% by 2025. "At this point, that is the most aggressive target in the industry, we believe, in terms of both the magnitude and the timeframe," Kobori tells just-style.... read more


British MPs call for laws to tackle fast fashion

25 February 2019 | Hannah Abdulla

The UK government is being urged to introduce legislation that requires fashion brands and retailers to perform due diligence checks across their supply chains and take more responsibility for the environmental impact of their businesses. ... read more


Increased selling space boosts Primark H1 sales

25 February 2019 | Beth Wright

Value fashion retailer Primark has sounded an optimistic note for the first half of the financial year as a 0.3m sq ft increase in selling space is expected to drive revenue in the period.... read more


Cambodia facing trade benefits suspension

18 February 2019 | Beth Wright

The European Union has officially started the process that could lead to the temporary suspension of Cambodia's preferential access to the EU market under the Everything But Arms (EBA) trade scheme. The move follows a warning toCambodia in Octoberthat without clear and demonstrable improvements to its human rights situation there would be asuspension of trade preferences. Not surprisingly, the news has disappointedthe Garment Manufacturers Association in Cambodia (GMAC), which sayssuch a movewould jeopardise the country's efforts to build a responsible apparel supply chain.... read more


US imports hit by earlier stockpiling efforts

11 February 2019 | Hannah Abdulla

Latest figures have revealed a fall in US apparel import volumes from nine of the top ten supplier countries in November. China, its biggest apparel supplier, booked flat growth. The picture was hugely different from the previous month where all ten showed positive growth for imports into the US, suggesting retailers were stockpiling earlier to get ahead of the holiday period, as well as bringing in spring merchandise, in a bid to beat a potential increase in tariffs on goods from China.... read more


Hemp apparel – hype or opportunity?

4 February 2019 | Leonie Barrie

With products derived from hemp making their presence felt in a range of industries, from food and drinks to medicines, we've looked at potential applications in clothing – and issues for the supply chain.... read more


TexOps restructure and the quest to get ahead

28 January 2019 | Beth Wright

Salvadoran sportswear maquila TexOps is navigating a painful restructuring, with owner David Ha putting the brakes on expansion. "We are going back to basics,” the Korean entrepreneur tells just-style in an exclusive interview, revealing how the firm is strategising ahead to get ready for what is coming. This, he says, includes an increase in US labels shifting sourcing south of the border as Trump's trade war with China escalates.... read more


Brexit deal rejection worries apparel industry

21 January 2019 | Hannah Abdulla

Last week's rejection of Theresa May's proposed UK-EU Brexit deal by MPs saw chatter spike among industry execs who say a No-Deal Brexit could be problematic for the sector given its heavy reliance on overseas talent ... read more


Primark Q1 sales jump as Christmas surpasses expectations

17 January 2019 | Beth Wright

Increased retail selling space and better than expected sales over the Christmas trading period helped drive a 4% sales rise at Primark in the first quarter, with the value fashion retailer significantly increasing its share of the total UK clothing market in the period.... read more


US trade updates out of date

15 January 2019 | Leonie Barrie

Apparel and textile industry executives are among those being deprived of key trade and economic data amid the ongoing US government shutdown – at a time when trade tensions between the US and China mean that having access to the most up-to-date statistics is more important than ever.... read more


2019 off to a positive start

7 January 2019 | Leonie Barrie

Getting 2019 off to a positive start, it seems US apparel retailers saw some holiday cheer, with strong sales momentum that started during the back-to-school season carrying on to Christmas.... read more


UN sets new Fashion Industry Charter for Climate Action

18 December 2018 | Leonie Barrie

43 leading fashion brands, retailers and suppliers – including Adidas, Burberry, Gap Inc, H&M Group, Inditex, Kering, Levi Strauss & Co, and PVH Corp – are backing the UN’s new Fashion Industry Charter for Climate Action with an initial goal of reducing aggregate greenhouse gas emissions by 30% by 2030.... read more


Decathlon's decade-long eco-labelling project

12 December 2018 | Leonie Barrie

Global sporting goods giant Decathlon is nearing the finishing line on a decade-long project that will see all textile and footwear items labelled with their environmental impact by the end of next year. The data is also enabling more eco-friendly design – and will be made freely available to other companies. The retailer has spoken exclusively to just-style about the initiative.... read more


Primark warns of tough trading in run-up to Christmas

7 December 2018 | Michelle Russell

The owner of value fashion retailer Primark has warned of challenging trading in the run-up to Christmas – but says it expects earnings outlook remains unchanged.... read more


UK fast-fashion retailers asked to justify their low prices

6 December 2018 | Hannah Abdulla

Making the sums add up on ultra-cheap fast fashion was one of the lines of questioning pursued during a parliamentary hearing last week, with British lawmakers asking retailers how they can justify selling dresses and T-shirts for just a couple of pounds.... read more


Regional supply chains shape up

26 November 2018 | Leonie Barrie

Regional patterns in world textile and apparel trade are becoming increasingly important, according to an analysis using data from the re:source by just-style sourcing tool. The trend reflects both the changing dynamics of the global economy and the shifting sourcing strategies of fashion brands and retailers.... read more


US-China trade spat spurs sourcing shifts

22 November 2018 | Leonie Barrie

The coming change of control of the House of Representatives following the US mid-term elections will probably do little to stop the escalating tariff disputes between the US and China, the American fashion industry has been warned.... read more


Apparel makers - Let's get virtual

21 November 2018 | Hannah Abdulla

The Virtual Reality market is becoming a bit of a big deal. According to recent forecasts from DigiCapital, the global VR market value could surpass $120bn by 2020. And, as consumers are demanding more from their apparel, combining VR with apparel is something to think about. Cue Google. ... read more


Complexities of multi-channel pricing, sourcing and stock control

15 November 2018 | Leonie Barrie

The fashion industry is operating in a multi-channel world – but when it comes to managing this approach, it seems there is no unanimity of best practice (and often no best practice at all) on multi-channel pricing, sourcing and stock control. Here we unravel some of the complexities.... read more


Fashion firms struggle on speed to market

6 November 2018 | Leonie Barrie

Fashion firms are continuing to wrestle with the challenges of taking decisions quickly and meeting deadlines – and admit they are struggling to speed their go-to-market processes to keep up with fast-moving consumer buying behaviour.... read more


Why cotton is being battered on all fronts

29 October 2018 | Leonie Barrie

Cotton is being battered on all fronts, from false information campaigns, to competition from synthetic alternatives, and a changing consumer. The challenge now facing the cotton industry is how to regain its footing.... read more


New businesses shaking up a broken retail model

23 October 2018 | Leonie Barrie

The convergence of disruptive new technologies, easy access to cheap capital, and changing consumer attitudes are shaking up an already-broken retail model, according to speakers at last week's IAF World Fashion Convention. But rising Phoenix-like from the ashes are nimble new players building a smart future for fashion.... read more


Apparel sourcing rules under NAFTA 2.0

15 October 2018 | Leonie Barrie

The new United States-Mexico-Canada Agreement (USMCA) – also dubbed NAFTA 2.0 – has finally been agreed, but what does it mean for apparel sourcing? Here we take a close look at the new apparel-specific rules of origin.... read more


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